The "-abilities" of Global Trade Management: Digital Platform Capabilities

Posted by Joe Gabro on Mon, Aug, 1 2016 @ 10:30 AM

Continued from Part 1 of our "-abilities" series

Are your Digital Platform Capabilities ready to challenge business as usual?

The buzz among several prominent industry analysts lately has created a flurry of research around business success directly correlating to a company’s digital competency. Going digital is more than just spending a higher percent of revenue on IT; it matters where and how you spend your IT dollars. 

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Topics: Global Trade Management Software, GTM Best Practices, Global Trade Management

The New GTM: Connecting Upstream Decisions to Improve Downstream Execution

Posted by Joe Gabro on Mon, Jul, 25 2016 @ 10:30 AM

Although many companies are engaged in global trade, that doesn’t mean they are getting the most out of their processes or technology systems designed to streamline international business. The new GTM recognizes the increasing complexity involved in global trade, and the need to encompass design, production, and global sourcing decisions as part of the end-to-end scope.

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Topics: Global Trade Management Software, Global Sourcing, GTM Best Practices, Global Trade Management

Labeling Apparel – Getting it Right!

Posted by Ryan Gudovitz on Thu, Jun, 30 2016 @ 4:05 PM

The labeling rules for apparel products are detailed and numerous.  Specialty materials such as fiber, bamboo, and fur all require an especially strong understanding of the Federal Trade Commission’s (FTC) requirements.

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Topics: Apparel, Import Management, GTM Best Practices, Import Compliance, Global Trade Academy, Trade Compliance

Disregarding Trade Compliance is Risky Business

Posted by Kelsey Barker on Mon, Jun, 6 2016 @ 9:37 AM

A majority of executives are not investing in trade compliance training, despite potential fines, substantial penalties, and jail time, according to survey results released today from Amber Road's Global Trade Academy.

The survey of 300 U.S.-based global companies across a range of revenues and industries found that 56 percent of executives at the companies surveyed are not investing in trade compliance training, even though 28 percent of those companies had already been fined or warned by government agencies for noncompliance.

And while the vast majority (73 percent) have a stated trade compliance plan, 46 percent of surveyed companies didn’t require any training for employees and 28 percent require less than 11 hours of training – leaving a gap between having a plan and the ability to act on it. Furthermore, 55 percent had not standardized their global compliance training and 33 percent do not have a budget for trade compliance training, which opens the door to noncompliance risks as a result of untrained staff.

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Topics: GTM Best Practices, Global Trade Content, Global Trade Management, Import Compliance, Product Classification, Export Compliance, Global Trade Academy

Comparing Cargo Security Programs Around the World

Posted by Ryan Gudovitz on Thu, Jun, 2 2016 @ 9:00 AM

Global Cargo Security Programs offer key advantages to the savvy international trade professional. From C-TPAT to AEO, J-AEO, C-AEO, PIP and NEEC, companies are challenged with aligning these programs, especially when requirements differ from one country to the next.

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Topics: Webinars, GTM Best Practices, Supply Chain Visibility, Global Supply Chain, Global Trade Academy, Trade Compliance, C-TPAT

Supply Chain Digest Article: ACE-ing PGA Data for Success

Posted by Nathan Pieri on Tue, Apr, 26 2016 @ 9:00 AM

Customs organizations around the world are modernizing systems to eliminate manual processes, improving visibility to trade flows, and helping companies comply with applicable laws and regulations.  The WCO (World Customs Organization) labels this type of system as a “Single Window” where Customs effectively centralizes the collection of data and distributes it to all required agencies to realize a coordinated and more efficient border control.

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Topics: Global Trade Management Software, Import Management, GTM Best Practices

[On-Demand Webinar] What You Need to Know to Meet CBP’s 2016 Single Window Mandate

Posted by Ryan Gudovitz on Fri, Mar, 11 2016 @ 9:30 AM

If you’re having trouble keeping pace with the rollout of U.S. Customs and Border Protection’s single window initiative rollout, you’re not alone. In early February, CBP announced a new implementation schedule for its Automated Commercial Environment (ACE), another delay in a program that is guaranteed to impact every U.S. importer.

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Topics: Webinars, Import Management, GTM Best Practices, Import Compliance, Trade Compliance

Heightened Supply Chain Security: Is There a New Paradigm?

Posted by Ryan Gudovitz on Wed, Jan, 20 2016 @ 4:01 PM

Today, securing the global supply chain is integral to preserving both the lives of people around the world, and maintaining the stability of the global economy. For that reason, solutions and processes need to become part of the supply chain organization in order to protect against disruption.

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Topics: Retail, GTM Best Practices, Events, Global Supply Chain, Risk and Quality Management

What Will Global Trade Management Look Like in 2016?

Posted by Nick Fabretti on Mon, Jan, 11 2016 @ 9:27 AM

The scope and capabilities of Global Trade Management (GTM) solutions have evolved significantly over the past two decades, from simple desktop applications focused on generating and printing export documents, to -based, enterprise-class solutions focused on a broad spectrum of import and export processes.

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Topics: Global Trade Management Software, GTM Best Practices, Global Trade Management

The Evolution of Supply Chains and Global Trade Management

Posted by Ryan Gudovitz on Wed, Dec, 9 2015 @ 4:04 PM

Supply chains, and the tools for managing them, have come a long way over the course of 100 years, with an increased focus on improving the relatively simple, but very labor-intensive processes. Today, supply chain engineering through technology and processes allows manufacturers to manage extraordinarily complex international networks.

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Topics: Retail, Global Trade Management Software, GTM Best Practices, Global Trade Management, Global Supply Chain